Australian crypto firm DigitalX Ltd. is launching a Bitcoin fund, seeded with roughly $1.9 million of its own holdings in cryptocurrency. Australian crypto firm DigitalX Ltd. is launching a Bitcoin (BTC) fund, seeded with roughly $1.9 million of its own holdings in cryptocurrency. According to a news release published on Nov. 13, the new fund…
Read more
Two former executives at crypto finance firm Circle and former DRW executive jointly founded proprietary crypto trading firm CMS Holdings. Two former executives at crypto finance firm Circle and former DRW executive jointly founded proprietary crypto trading firm CMS Holdings. The new venture Coindesk reported on Nov. 12 that the firm is the joint venture…
Read more
The Chicago Mercantile Exchange Group has announced the date it expects to launch options on Bitcoin futures. The Chicago Mercantile Exchange (CME) Group has announced the date it expects to launch options on Bitcoin (BTC) futures in a statement on Nov. 12. “In response to growing interest in cryptocurrencies and customer demand for tools to…
Read more
Fidelity Investments hires product specialist to oversee the company’s strategy on cryptocurrencies, custody and execution services. Fidelity Investments has hired Michael Zinaman as its product specialist to further develop a range of products in the company. Fidelity’s strategy on cryptocurrencies On Nov. 12, the Block reported that Michael Zinaman had joined financial services company Fidelity…
Read more
The price of Bitcoin hovers around the $8,800 price mark as the market is mostly trading sideways today. Tuesday Nov. 12 — Cryptocurrency markets are largely trading sideways with many changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the…
Read more
Cryptocurrency exchange Bitfinex is considering launching options trading and a gold-backed stablecoin, dubbed Tether Gold. According to an executive, cryptocurrency exchange Bitfinex is planning to launch options and a gold-backed stablecoin, among a host of new products. New range of products In a Nov. 12 appearance on the Scoop, Paolo Ardoino, CTO of Bitfinex and…
Read more
As worldwide regulators continue to stonewall the Libra stablecoin project, Facebook moves forward with Facebook Pay, a new fiat payment system. As the Libra stablecoin project continues to face a hostile audience of regulators, Facebook launches a new fiat payment system called Facebook Pay. Empower people everywhere to buy and sell things online On Nov.…
Read more
Blockchain development in China will see a compound annual growth rate of 65.7% from 2018 to 2023, according to new research by IDC. China’s spending on blockchain technology will exceed $2 billion in 2023, official state-run publication Xinhua reported on Nov. 10. The report claims that blockchain development in China will see a compound annual…
Read more
Bjarne Stroustrup, the creator of C++ programming language, has vented his frustration about the use of C++ in Bitcoin mining operation. Bjarne Stroustrup, a Danish computer scientist and the creator of C++ programming language, has vented his frustration with use of C++ in Bitcoin (BTC) mining. Stroustrup made his remarks during an interview for Lex…
Read more
Binance became the first cryptocurrency exchange to implement a new fiat gateway from stablecoin operator Paxos. Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos. On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars…
Read more
